Electricity Tariff Hike: Falana Says FG is Dancing to Tune of IMF, World Bank


Femi Falana SAN

Human rights lawyer, Femi Falana, has accused the Federal Government of pandering to the whims and caprices of the International Monetary Fund (IMF) and the World Bank following a hike in electricity tariff.

Falana claimed that the move is a policy imposed on the Nigerian government by the Bretton Wood institutions.

“The Honourable Minister of Power is acting the script of the IMF and the World Bank,” Falana said on Channels Television’s Politics Today on Monday.

“Those two agencies insisted and they continue to insist that the government of Nigeria must remove all subsidies. Fuel subsidy, electricity subsidy and what have you; all social services must be commercialised and priced beyond the reach of the majority of Nigerians.

“So, the government cannot afford to protect the interest of Nigerians where you are implementing the neoliberal policies of the Bretton Wood institutions.”

The Senior Advocate of Nigeria accused Western countries led by the United States of America of double standards. According to him, they subsidize agriculture, energy, and fuel and offer grants and loans to indigent students while they advise the Nigerian government against doing the same for its citizens.

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